secwatch.observer — SEC 8-K summary
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Issuer:     QUEST DIAGNOSTICS INC (DGX)
CIK:        0001022079
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001022079-22-000046
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quest Diagnostics CFO Mark Guinan to retire in 2022; special equity grant to senior VP for succession
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- CFO Mark Guinan received annual equity grant of $1.12M, half of 2021 grant, with accelerated vesting upon retirement.
- Carrie Eglinton Manner received special grant of $1.94M (50% performance shares, 50% RSUs) to promote succession and revenue growth.
- Performance shares vest based on CAGR of revenue in Diagnostic Information Services, excluding COVID-19 and post-January 2022 acquisitions.
- Both grants cliff vest on third anniversary; no accelerated vesting for qualifying retirement for Manner's grant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022079/000102207922000046/0001022079-22-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022079/000102207922000046/dgx-20220224.htm
  HTML page:      https://secwatch.observer/filing/0001022079-22-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer